Margate, FL Foreclosures
How much do homes sell for in Margate, FL?
The average home price is currently $348,974.
In Margate, FL, how many homes are available?
There are currently 4 active home listings available in Margate.
What’s the average rental cost in Margate, FL?
The average rental price in Margate is $1,576.
What is the most expensive home in Margate?
The most expensive home sold in Margate had a price of $95,494,324.
What is currently the cheapest priced home in Margate, FL?
The cheapest home for sale in Margate is priced at $48,134.
Living in Margate, FL
Margate, FL is a charming suburban city in Broward County that offers a family-friendly atmosphere with abundant parks and recreational facilities. Residents enjoy easy access to shopping, dining, and quality schools, making it an attractive location for families and professionals alike. With a strong sense of community and various outdoor activities, Margate is a great place to call home.
Current Market Conditions in Margate, FL
The real estate market in Margate, FL has shown steady growth over the past few months, characterized by a consistent demand for homes in the area. The average home price has risen slightly, but buyers still find competitive options, making it an appealing market for first-time homebuyers and investors alike. High-quality amenities and a suburban lifestyle continue to attract potential homeowners to Margate.
Rental properties are also in high demand, driven by families and individuals looking to reside in this friendly community. The rental rates have experienced a slight increase, reflecting the growing interest in the area. Overall, Margate remains an attractive market for both buyers and renters, thanks to its desirable location and community offerings.
Home Value Estimator For Margate, FL
There are currently 21,904 real estate properties
in Margate, FL,
with a median automated valuation model (AVM) price
of $339,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Margate, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Margate, FL,
is $348,974.00, with the most expensive house
in Margate, FL, topping out
at $95,494,324.00 and the cheapest home
in Margate, FL,
clocking in at $48,134.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Margate, FL!
Rent Prices
In Margate, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Margate, FL, is on
a rollercoaster ride. The
average rent price in Margate, FL,
is $1,576.00. Indeed, when looking to rent in
Margate, FL, you can expect to pay as little
as $880.00 or as much
as $5,700.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Margate, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
